Portola Hills and Ladera Ranch are among the housing communities hardest hit by the market crash, but misfortunes in these communities need not be compounded by foreclosures.
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Distressed in Portola Hills and Ladera Ranch
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A recent report by FICO reveals the grim outlook held by banking professionals on the housing market. If these professionals are right, it does not mean that homeowners need to feel trapped in a terrible mortgage.
The headlines highlight shocking data which shows that the housing market has gotten worse. However, people are not without options and it's important to know what those options are.
According to USA Today, homeowners who went through a short sale to avoid foreclosure are finding that they still owe their mortgage debt. There are cost-free ways to avoid this problem.